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The latest crypto headlines, updated continuously. · Page 173

Florida man pleads guilty for promoting $1.8B ‘HyperFund’ crypto fraud
crypto3 months ago

Florida man pleads guilty for promoting $1.8B ‘HyperFund’ crypto fraud

Rodney “Bitcoin Rodney” Burton faces a maximum sentence of five years in federal prison for conspiracy to operate an unlicensed money transmitting business.

Cointelegraph

Live markets: Bitcoin, ether ETFs lose $111 million combined as rate-cut hopes die
crypto3 months ago

Live markets: Bitcoin, ether ETFs lose $111 million combined as rate-cut hopes die

Total crypto market value has held steady near $2.26 trillion since Tuesday, with the recovery losing momentum after the Fed killed rate-cut hopes and spot ETFs swung back to outflows.

CoinDesk

Strategy's STRC preferred stock hits a record low below par
crypto3 months ago

Strategy's STRC preferred stock hits a record low below par

The slide has paused the above-par share sales Strategy uses to fund bitcoin purchases, and it is the same stock whose dividends forced the company's first BTC sale this month.

CoinDesk

Dorsey’s Block says new AI tool handles 15% of code work
crypto3 months ago

Dorsey’s Block says new AI tool handles 15% of code work

Builderbot is the “missing layer between AI coding tools and how engineering actually works at scale,” said Brad Axen, head of AI capabilities at Block.

Cointelegraph

XRP slips 4% below $1.20 after breakout rally stalls near key resistance
crypto3 months ago

XRP slips 4% below $1.20 after breakout rally stalls near key resistance

Heavy selling pushed XRP back through a closely watched support level, though buyers stepped in above $1.17 to prevent a deeper pullback.

CoinDesk

Buying bitcoin below its 200-week average has historically delivered over 100% in median returns, Kraken says
crypto3 months ago

Buying bitcoin below its 200-week average has historically delivered over 100% in median returns, Kraken says

Bitcoin briefly slipped below its 200-week moving average twice in the past two weeks, a rare event that Kraken says has historically marked strong entry points for buyers.

CoinDesk

Bitcoin, ether slide after a hawkish Fed, even as Trump's signed Iran deal lifts stocks
crypto3 months ago

Bitcoin, ether slide after a hawkish Fed, even as Trump's signed Iran deal lifts stocks

The Fed held rates but signaled it is more worried about inflation than growth in Chair Kevin Warsh's first meeting.

CoinDesk

France to stop certifying products lacking quantum-resistant encryption
crypto3 months ago

France to stop certifying products lacking quantum-resistant encryption

France’s cybersecurity agency plans to block certification of products without quantum-resistant encryption starting in 2027, with full adoption targeted for 2030.

Cointelegraph

Next bull run will be slower, less volatile as investors' crypto appetite evolves, Bitwise CIO says
crypto3 months ago

Next bull run will be slower, less volatile as investors' crypto appetite evolves, Bitwise CIO says

Long-time bitcoin bull Matt Hougan told CoinDesk that during this bear market and with ‘doubts swirling’, investors have found ‘it easier to reach for something more tangible:’ stablecoins and tokenization.

CoinDesk

CME chief executive says company plans to sue CFTC after perpetual futures approval
crypto3 months ago

CME chief executive says company plans to sue CFTC after perpetual futures approval

Kalshi's perpetual futures product did not meet the Dodd-Frank Act's definition of a "swap" and should not have been approved, Terrence Duffy said.

CoinDesk

Kentucky sues Kalshi, Polymarket, joining prediction market legal battle
crypto3 months ago

Kentucky sues Kalshi, Polymarket, joining prediction market legal battle

Kentucky has sued Polymarket, Kalshi and Kalshi’s partners Coinbase, Robinhood and Webull, over offering sports event contracts in the state.

Cointelegraph

Tether winds down gold-backed derivative stablecoin aUSDT
crypto3 months ago

Tether winds down gold-backed derivative stablecoin aUSDT

Tether is focusing on stronger user demand, deeper liquidity, and broader long-term market opportunity for its leading products.

Cointelegraph

Crypto market treads thin ice following Warsh FOMC, Trump Iran comments
crypto3 months ago

Crypto market treads thin ice following Warsh FOMC, Trump Iran comments

Markets wobbled after mixed comments from President Trump on the Iran peace deal and Fed Chair Kevin Warsh signaling a new direction from the Federal Reserve.

Cointelegraph

Gaming groups urge Congress to ban prediction markets sports betting in CLARITY Act
crypto3 months ago

Gaming groups urge Congress to ban prediction markets sports betting in CLARITY Act

Gambling industry groups want the US Senate to step in to clarify that the Commodity Futures Trading Commission does not have the authority to oversee prediction markets.

Cointelegraph

Kentucky targets prediction markets, puts red state in potential clash with Trump team
crypto3 months ago

Kentucky targets prediction markets, puts red state in potential clash with Trump team

President Donald Trump has taken the stance that states have no business with firms like Kalshi and Polymarket, and now a staunch GOP state is defying that view.

CoinDesk

Crypto-backed GOP candidate wins Alabama Senate runoff with June primaries looming
crypto3 months ago

Crypto-backed GOP candidate wins Alabama Senate runoff with June primaries looming

Several more US states are scheduled to hold primaries next week after one Republican candidate won in Alabama on Tuesday after a crypto company-backed PAC used what it called its “biggest spend of the cycle.”

Cointelegraph

Fidelity joins Wall Street's race to manage stablecoin reserves
crypto3 months ago

Fidelity joins Wall Street's race to manage stablecoin reserves

Following State Street, Fidelity is targeting reserve assets that underpin the expanding stablecoin market.

CoinDesk

Bitcoin capitulation ‘twice as weak’ after spot liquidity turns supportive: Glassnode
crypto3 months ago

Bitcoin capitulation ‘twice as weak’ after spot liquidity turns supportive: Glassnode

Bitcoin’s realized losses fell by 46% as increasing bid-side liquidity points to easing sell pressure. Can bulls push BTC price back above $70,000?

Cointelegraph